If house prices went up 50% it would cost me hundreds of thousands of dollars, a lot more than the same gas price increase would. Comparing just by percentages

If house prices went up 50% it would cost me hundreds of thousands of dollars, a lot more than the same gas price increase would. Comparing just by percentages doesn’t tell much of a story. The consumer price index has all sorts of stuff built into it, like the price of televisions, which holds the number down. Sure, television prices have dropped substantially, but I’ve spent under $300 on televisions in the last decade so it doesn’t even begin to factor into what my money is worth. Houses are the opposite, it’s such a huge expense that practically everything else is inconsequential in comparison.